Lafferty v. Wells Fargo Bank
California Court of Appeal
1Opinion of the Court
Opinion
HOCH, J.
This case involves claims by the buyer of an allegedly defective motor home against a lender to whom the installment sale contract was assigned by the dealer. At the heart of the controversy is a question that has divided courts in several jurisdictions: What is the meaning of the contract provision required by title 16, part 433.2, of the Code of Federal Regulations *550(2012)?1 Commonly referred to as the “Holder Rule,” it is required by the Federal Trade Commission (FTC) for every consumer installment sale contract that is assigned to a lender. The Holder Rule requires the…
2Cases cited53 opinions
- Auto Equity Sales, Inc. v. Superior CourtCalifornia Supreme Court · 1962
- Aguilar v. Atlantic Richfield Co.California Supreme Court · 2001
- Blank v. KirwanCalifornia Supreme Court · 1985
- Denham v. Superior CourtCalifornia Supreme Court · 1970
- Lungren v. DeukmejianCalifornia Supreme Court · 1988
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3Cited by22 opinions
- Angelica Textile Services Inc. v. ParkCalifornia Court of Appeal · 2013
- Lafferty v. Wells Fargo Bank, N.A., California Court of Appeal, 5th District2018
- Tun v. Wells Fargo Dealer Services, Inc.California Court of Appeal · 2016
- Jpmorgan Chase Bank, N.A. v. Ward, California Court of Appeal, 5th District2019
- Aljabban v. Fontana Indoor Swap Meet CA4/1California Court of Appeal · 2020
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